With the financial services space shifting from a competitive nature to a collaborative spirit between traditional banks and emerging FinTechs, one major stakeholder in the payments industry has quietly been an integral part of this co-op: the Federal Reserve. With initiatives like the Faster Payments...
The U.S. Federal Reserve has named a new payments strategy director tasked with heading the agency’s payment system improvement initiatives. The Fed first announced Dave Sapenaro as the successor to the role on Thursday (Aug. 24). As first vice president and chief operating officer of the Federal Reserve Bank...
August 25, 2017
The U.S. Federal Reserve has named a new payments strategy director tasked with heading the agency’s payment system improvement initiatives. The Fed first announced Dave Sapenaro as the successor to the role on Thursday (Aug. 24). As first vice president and chief operating officer of the Federal Reserve Bank of St. Louis, Sapenaro will take up the post previously […]